THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE IN THE FIELD OF GEOLOGY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$71.0M
+13.9% YoY
Annual Giving
$731K
+88.2% YoY
Grant Count
12
+33.3% YoY
Avg Grant Size
$61K
+41.1% YoY
About American Association of Petroleum
Based on IRS filings
American Association of Petroleum is a nonprofit organization focused on Science & Technology, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $71.0M in total assets. In 2024, it awarded 12 grants totaling $731K. Net investment income was $3.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,039,141 | $62,354,420 | $58,608,489 |
| Revenue | $7,496,797 | $4,467,614 | $5,505,100 |
| Expenses | $2,569,316 | $2,248,063 | $2,285,065 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,358,874 | $3,706,355 | $5,207,587 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Open Grants
3 open opportunities from American Association of Petroleum
AAPG Foundation Field Camp Scholarship Grant
AMERICAN ASSOCIATION OF PETROLEUM
Amount
Up to US $3,000
Deadline
Rolling / Open
Deana and Paul Strunk Military Veterans Scholarship Program Grant
AMERICAN ASSOCIATION OF PETROLEUM
Amount
US $5,000 - US $10,000
Deadline
Rolling / Open
Inspirational Geoscience Educator Award Grant
AMERICAN ASSOCIATION OF PETROLEUM
Amount
US $10,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Association of Petroleum Geologists ($141,000), Energeo Alliance ($100,000), American Association of Petroleum Geologists ($93,068).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF CALIFORNIA RIVERSIDE RIVERSIDE, CA | THE OCEAN ON THE TOP OF OUR MOUNTAIN-AWARD | $50,000 |
| ENERGEO ALLIANCE HOUSTON, TX | PUBLIC SERVICE AWARD & L. AUSTIN WEEKS AWARD | $100,000 |
| AMERICAN GEOSCIENCES INSTITUTE ALEXANDRIA, VA | EARTH SCIENCE EVERYWHERE- L AUSTIN WEEKS AWARD | $50,000 |
| AMERICAN GEOSCIENCES INSTITUTE ALEXANDRIA, VA | GEOSCIENCE FOR SUSTAINABILITY-L. AUSTIN WEEKS AWARD | $75,000 |
| AMERICAN GEOSCIENCES INSTITUTE ALEXANDRIA, VA | GEOLOGIZE'S ELEARNING PRACTICAL GEOCOMMUNICATION COURSE | $15,000 |
| AMERICAN GEOSCIENCES INSTITUTE ALEXANDRIA, VA | GEOSCIENCE INNOVATING FOR EARTH AND PEOPLE | $50,000 |
| SOCIETY OF EXPLORATION GEOPHYSICISTS FOUNDATION TULSA, OK | SEG GEOSCIENTISTS WITHOUT BORDERS | $60,000 |
| AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS TULSA, OK | SUPPORT OF AAPG BULLETIN | $141,000 |
| AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS TULSA, OK | SUPPORT OF THE VISITING GEOSCIENTIST PROGRAM | $35,000 |
| AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS TULSA, OK | SUPPORT OF THE DISTINGUISHED LECTURER PROGRAM | $52,237 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES MCGHAY | CHAIRMAN | 1 | — |
| SCOTT CAMERON | VICE-CHAIRMAN | 1 | — |
| VALARY SCHULZ | TREASURER | 1 | — |
| MICHAEL WISDA | SECRETARY | 1 | — |
| J MICHAEL PARTY | TUSTEE | 1 | — |
| JEFFREY LUND | TRUSTEE | 1 | — |
| ALAN WEGENER | DIRECTOR | 1 | — |
| SUSAN NASH | DIRECTOR | 1 | — |
| DAVID CURTISS | EXECUTIVE DIRECTOR | 8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is American Association of Petroleum?
American Association of Petroleum is a nonprofit organization focused on Science & Technology, based in TULSA, OK. It holds $71.0M in total assets as of 2024.
How large is American Association of Petroleum?
As of 2024, American Association of Petroleum holds $71.0M in total assets with $7.5M in annual revenue. It awarded 12 grants totaling $731K in 2024.
Where does American Association of Petroleum operate?
American Association of Petroleum has awarded grants in California, Colorado, Minnesota, New York, Oklahoma, Texas, Virginia.
What size grants does American Association of Petroleum award?
In 2024, American Association of Petroleum awarded 12 grants totaling $731K — an average of about $61K per grant, based on its IRS Form 990 filings.
What is American Association of Petroleum's EIN?
American Association of Petroleum's EIN (Employer Identification Number) is 73-1298684. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in American Association of Petroleum's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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